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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jan. 31, 2025
Oct. 31, 2024
Current assets    
Cash and cash equivalents $ 201.1 $ 197.7
Trade accounts receivable, net of allowance 706.0 746.9
Inventories:    
Raw materials 312.5 299.6
Finished goods 104.2 99.9
Assets held for sale 4.2 3.1
Prepaid expenses 86.0 55.8
Other current assets 183.1 146.4
Total current assets 1,597.1 1,549.4
Long-term assets    
Goodwill 1,941.6 1,953.7
Other intangible assets, net of amortization 908.3 937.1
Deferred tax assets 32.6 36.9
Pension assets 46.9 46.0
Operating lease right-of-use assets 269.7 284.5
Finance lease right-of-use assets 37.0 38.4
Other long-term assets 135.2 149.5
Total long term assets 3,371.3 3,446.1
Properties, plants and equipment    
Timber properties, net of depletion 231.4 231.2
Land 155.5 158.0
Buildings 584.4 605.6
Machinery and equipment 2,290.6 2,308.7
Capital projects in progress 169.0 159.6
Properties, plants and equipment, gross 3,430.9 3,463.1
Accumulated depreciation (1,813.6) (1,811.0)
Properties, plants and equipment, net 1,617.3 1,652.1
Total assets 6,585.7 6,647.6
Current liabilities    
Accounts payable 473.3 521.9
Accrued payroll and employee benefits 106.6 156.9
Restructuring reserves 4.9 4.9
Current portion of long-term debt 95.8 95.8
Short-term borrowings 322.2 18.6
Current portion of operating lease liabilities 55.4 56.5
Current portion of finance lease liabilities 5.9 5.6
Other current liabilities 153.7 154.2
Total current liabilities 1,217.8 1,014.4
Long-term liabilities    
Long-term debt 2,422.2 2,626.2
Operating lease liabilities 216.3 230.2
Finance lease liabilities 30.8 34.2
Deferred tax liabilities 299.3 295.1
Pension liabilities 57.9 59.2
Postretirement benefit obligations 5.6 5.6
Contingent liabilities and environmental reserves 19.5 19.1
Long-term income tax payable 0.0 11.7
Other long-term liabilities 106.4 104.5
Total long-term liabilities 3,158.0 3,385.8
Commitments and contingencies (Note 10)
Redeemable noncontrolling interests 131.0 129.9
Equity    
Common stock, without par value 240.3 230.3
Treasury stock, at cost (277.0) (279.0)
Retained earnings 2,461.7 2,486.2
Accumulated other comprehensive loss, net of tax:    
Foreign currency translation (354.8) (314.1)
Derivative financial instruments 42.7 33.9
Minimum pension liabilities (72.5) (74.9)
Total Greif, Inc. shareholders’ equity 2,040.4 2,082.4
Noncontrolling interests 38.5 35.1
Total shareholders’ equity 2,078.9 2,117.5
Total liabilities and shareholders’ equity $ 6,585.7 $ 6,647.6